According to the company, its total income rose to Rs 1,641.74 crore in Q3 -- up 14.01 per cent -- from Rs 1,439.99 crore reported during the same quarter of 2016-17.
"In the quarter ended December 31, 2017, revenue from operations stood at Rs 1,624 crore ($250 million), a growth of 15 per cent over Q3 FY17," Marico said in a statement.
"The India business posted a healthy volume growth of 9.4 per cent and a resilient margin performance. In an uncertain business environment, continued off-take growth coupled with market share gains affirmed the underlying strength of the franchise," it added.
The company said its international business grew by 9 per cent in constant currency terms, while optical growth was muted due to currency devaluation.
On a standalone basis, the company's net profit edged lower by 9.49 per cent to Rs 240.11 crore during Q3 of 2017-18, from Rs 265.30 crore posted during the same period in the previous fiscal.
During the quarter ended December 31, the total income of the company was reported at Rs 1,409.48 crore -- up 8.37 per cent -- from Rs 1,300.62 crore reported during Q3 2016-17.
The statement added that the Board of Directors of the company has declared an interim dividend of 250 per cent (Rs 2.5 per share) on its paid up equity share capital of Rs 129.08 crore, up from 200 per cent last year.
On a closing basis, the company's scrip on the BSE fell by 0.68 per cent to Rs 298 per share.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
